The board of directors (BoD) of Bank of Beirut (BOB) invited its shareholders this week to attend the annual general assembly held at the bank’s head office in Foch Street, downtown Beirut. The meeting will take place on May 06th 2019 at 5pm. The main items on the agenda are:
- Approve the BoD’s and auditors’ reports for 2018.
- Approve the budget, profits, and losses for the year ended 31/12/2018 and allocate the profits for the year.
- Elect a second auditor for the years 2019 to 2021.
- Miscellaneous items
Financial Highlights of Bank of Beirut in 2018
|(In Millions of Dollars)||31/12/2017||31/12/2018|
|Net Loans and Advances to Customers at Amortized Cost||5,602.06||5,657.37||0.99%|
|Customers’ Deposits and Credit Balances at Amortized Cost||12,990.38||13,109.45||0.92%|
|Total Shareholders’ Equity||2,352.60||2,353.22||0.03%|
Source: Bank of Beirut, Beirut Stock Exchange